FEDERALBNK2021-07-012021-09-30in-bse-fin:OneOperatingExpenses01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourOperatingExpenses01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentRevenue01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentRevenue02Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentRevenue03Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentRevenue04Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentRevenue01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentRevenue02Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentRevenue03Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentRevenue04Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentResults01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentResults02Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentResults03Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentResults04Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentResults01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentResults02Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentResults03Member FEDERALBNK2021-07-012021-09-30in-bse-fin:FourReportableSegmentResults04Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentAssets01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentAssets02Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentAssets03Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentAssets04Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2021-09-30in-bse-fin:OneReportableSegmentLiabilities01Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2021-09-30in-bse-fin:OneReportableSegmentLiabilities02Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2021-09-30in-bse-fin:OneReportableSegmentLiabilities03Member FEDERALBNK2021-07-012021-09-30in-bse-fin:OneReportableSegmentLiabilities04Member FEDERALBNK2021-09-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares FEDERALBNK The Federal Bank Limited 2021-04-01 2022-03-31 INR Half yearly true Cash Flow Indirect Not applicable 2021-09-30 Unaudited Consolidated 28650600000.00 5753200000.00 666200000.00 592700000.00 35662700000.00 4471900000.00 40134600000.00 19594700000.00 6178500000.00 5150200000.00 11328700000.00 30923400000.00 9211200000.00 2645300000.00 0.00 6565900000.00 1686000000.00 4879900000.00 0.00 4879900000.00 45800000.00 68500000.00 4857200000.00 4203000000.00 2.00 0.00 0.145 0.00 2.34 2.32 2.34 2.32 45581900000.00 15957800000.00 0.0322 0.0115 0.0023 1.The above Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2021 were reviewed by the Audit Committee and subsequently taken on record and approved by the Board of Directors at its meeting held on October 22, 2021. These Results have been subjected to “Limited review” by the Statutory Central Auditors of the Bank and an unqualified review report has been issued. 2.The Consolidated Financial Results of the Group comprise the financial results of The Federal Bank Limited and its subsidiaries viz. Fedbank Financial Services Limited & Federal Operations and Services Limited and its associates viz. Ageas Federal Life Insurance Company Limited & Equirus Capital Private Limited. 3.There has been no material change in the accounting policies adopted during the quarter and half year ended September 30, 2021 as compared to those followed for the year ended March 31, 2021 except as stated in Note 14 below. 4.The working results have been arrived at after considering provision for standard assets, including requirements for exposures to entities with Unhedged Foreign Currency Exposures, non-performing assets (NPAs), provision for non-performing investments, income-tax and other usual and necessary provisions. 5.Other income includes fees earned from providing services to customers, commission from non-fund-based banking activities, earnings from foreign exchange and derivative transactions, selling of third-party products, profit on sale of investments (net), profit / loss on revaluation of investments, dividend received from subsidiaries / associates etc. 6.Reclassification of figures for the current period pursuant to the Master Direction on Financial Statements – Presentation and disclosures issued by Reserve Bank of India on August 30, 2021, has been made with corresponding changes in the figures for the previous periods/year to make the same comparable. 7.The Capital Adequacy Ratio is computed on the basis of RBI guidelines applicable on the relevant reporting dates and the ratio for the corresponding previous period is not adjusted to consider the impact of subsequent changes if any, in the guidelines. 8.The Business operations of the Bank are largely concentrated in India and for the purpose of Segment reporting, the bank is considered to operate only in domestic segment, though the bank has its operations in International Finance Service Centre (IFSC) Banking Unit in Gujarat International Finance Tec-city (GIFT). The business conducted from the same is considered as a part of Indian operations. 9.During the quarter and half year ended September 30, 2021, the Bank has allotted 383,346 and 514,336 equity shares of Rs 2 each respectively, pursuant to the exercise of stock options by employees. 2021-09-30 Unaudited Consolidated 57080100000.00 11599500000.00 1032400000.00 1200500000.00 70912500000.00 9716100000.00 80628600000.00 39596300000.00 11877500000.00 9346700000.00 21224200000.00 60820500000.00 19808100000.00 8371600000.00 0.00 11436500000.00 3001000000.00 8435500000.00 0.00 8435500000.00 96200000.00 106900000.00 8424800000.00 4203000000.00 2.00 0.00 0.145 0.00 4.14 4.11 4.14 4.11 45581900000.00 15957800000.00 0.0322 0.0115 0.004 Other Operating Expenses 5150200000.00 Other Operating Expenses 9346700000.00 Continuation of Notes to Financial Staements 10.In accordance with RBI Circular DBR.No.BP.BC.1/21.06.201/2015-16 on Basel III Capital Regulations dated July 01, 2015 and RBI Circular DBR.No.BP.BC.80/21.06.201/2014-15 dated March 31, 2015 - 'Prudential Guidelines on Capital Adequacy and Liquidity Standards - Amendments', Banks are required to make Pillar 3 disclosure requirements including Leverage Ratio disclosure requirements that are to be made along with the publication of Financial Results. Accordingly, such applicable disclosures have been placed on the website of the Bank which can be accessed at the following link: https://www.federalbank.co.in/regulatory-disclosures. These disclosures have not been subjected to audit or review by the Statutory Central Auditors of the Bank. 11.During the quarter ended September 30, 2021 , the Bank has issued 104,846,394 equity shares of Rs. 2 each for cash pursuant to a preferential allotment as per the relevant provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations at Rs. 87.39 per share aggregating to Rs. 91,625.26 Lakhs (including share premium). This resulted in an increase of Rs. 2,096.93 Lakhs in Share Capital and Rs. 89,476.98 Lakhs (Net of share issue expenses) in Share premium account. 12.On account of uncertainties prevailing due to COVID-19 pandemic across the world and in India, the extent to which the same will impact the Bank’s operations and financial position in future will depend on various aspects including actions taken to mitigate its impact and other regulatory measures. The Bank’s capital and liquidity position is strong and would continue to be the focus area for the Bank during this period. The extent to which the COVID-19 pandemic will continue to impact the Bank's results will depend on the future developments related to the situation, as well as the outcomes of the actions taken to contain the same. 13 (i) i) Details of resolution plan implemented under the Resolution Framework for COVID-19-related Stress as per RBI circular dated August 6, 2020 are given in the publication to stock exchange. (ii) Details of resolution plan implemented in accordance with the RBI Cir. No. DOR.STR.REC.11/21.04.048/2021-22 dated May 05, 2021 on Resolution Framework — 2.0: Resolution of Covid — 19 related stress of Individuals and Small Business are given in the publication to stock exchange. (iii) In accordance with the RBI Cir. No. DOR.STR.REC.11/21.04.048/2021-22 dated May 05, 2021 on Resolution Framework — 2.0: Resolution of Covid — 19 related stress of Individuals and Small Business , the number of borrower accounts where modifications were sanctioned and implemented and the aggregate exposure to such borrowers are as under: No. of accounts-118 Aggregate exposure as on September 30, 2021-3355.12Lakhs (iv)During the quarter ended September 30, 2021, as a prudent measure, over and above the regulatory minimum provision required for restructured advances, based on the internal assessment, the Bank has created Rs. 12,000.00 Lakhs additional provision against the accounts restructured under the resolution frameworks. Corporate/Wholesale Banking 10038000000.00 Other Banking operations 146000000.00 Retail Banking 24501900000.00 Treasury 5442000000.00 Corporate/Wholesale Banking 20296300000.00 Other Banking operations 146000000.00 Retail Banking 47233900000.00 Treasury 12945700000.00 40127900000.00 80621900000.00 40127900000.00 80621900000.00 Corporate/Wholesale Banking 1908400000.00 Other Banking operations 145800000.00 Retail Banking 3466200000.00 Treasury 1038800000.00 Corporate/Wholesale Banking 1634700000.00 Other Banking operations 145800000.00 Retail Banking 5076000000.00 Treasury 4573300000.00 6559200000.00 11429800000.00 0.00 0.00 -6700000.00 -6700000.00 6565900000.00 11436500000.00 Corporate/Wholesale Banking 725087000000.00 Other Banking operations 47700000.00 Retail Banking 857383900000.00 Treasury 462801700000.00 2045320300000.00 66495200000.00 66495200000.00 2111815500000.00 Corporate/Wholesale Banking 170757800000.00 Other Banking operations 21800000.00 Retail Banking 1612969000000.00 Treasury 120621200000.00 1904369800000.00 23445300000.00 23445300000.00 1927815100000.00 For the above segment reporting, the reportable segments are identified as Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations in compliance with the RBI guidelines. Continuation of Notes to Financial Statements 14. During the current quarter, the bank has estimated & fully recognized the additional liability on account of revision in family pension for employees covered under the 11th Bipartite Settlement and Joint Note dated November 11, 2020 amounting to Rs. 17,731.55 Lakhs. In accordance with the letter dated October 4, 2021 issued by RBI, permitting all member banks of Indian Banks’ Association to amortise the said additional liability over a period not exceeding five years beginning with the financial year ended March 31, 2022, subject to a minimum of 1/5th of the total amount being expensed every year, the bank has opted to amortize the said liability over a period not exceeding five years beginning with the financial year ended March 31, 2022, subject to a minimum of Rs. 3,546.31 Lakhs being expensed every financial year. Accordingly, the Bank has charged an amount of Rs. 1,182.10 Lakhs to the Profit and Loss account for the quarter and half year ended September 30, 2021 and the balance unamortised expenditure amounting to Rs 16,549.45 Lakhs has been carried forward. Had the Bank charged the entire additional liability to the Profit and Loss Account, the profits for the quarter and half year ended September 30, 2021 would have been lower by Ra. 16,549.45 Lakhs. 15. The Honourable Supreme Court of India , vide an interim order dated September 3, 2020, had directed that accounts which were not declared NPA till August 31 , 2020 shall not be declared as NPA till further orders, which has been complied with by the Bank. The said interim order stood vacated on March 23, 2021 and the Bank continued with the asset classification of borrower accounts as per the extant RBI instructions / IRAC norms. In view of this, the results for the half-year ended September 30 , 2021 may not be comparable with the corresponding half year ended September 30, 2020. 16.Previous period's / year's figures have been regrouped / reclassified, where necessary to conform to current period's classification. 0.00 1829100000.00 0.00 0.00 0.00 0.00 -10700000.00 0.00 2600000.00 0.00 1821000000.00 0.00 -35326100000.00 -31339600000.00 -2606700000.00 23222300000.00 9667100000.00 -36383000000.00 -34562000000.00 -23125500000.00 0.00 0.00 0.00 3550000000.00 0.00 -26675500000.00 0.00 0.00 -26675500000.00 0.00 0.00 25735300000.00 0.00 0.00 0.00 0.00 0.00 7800000.00 1311700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24431400000.00 0.00 0.00 24431400000.00 9810300000.00 0.00 0.00 19695100000.00 0.00 1397400000.00 0.00 0.00 0.00 28108000000.00 0.00 0.00 28108000000.00 25863900000.00 -27000000.00 25836900000.00 198157300000.00 223994200000.00